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Sabre Corp Expect A Gradual Recovery Through The Summer And Fall, Driving Positive Full-Year Air Bookings Growth.
May 7 (Reuters) - Sabre Corp SABR.O:SABRE CORP: EXPECT A GRADUAL RECOVERY THROUGH THE SUMMER AND FALL, DRIVING POSITIVE FULL-YEAR AIR BOOKINGS GROWTH.SABRE CORP - REAFFIRMS FULL YEAR 2026 PRO FORMA ADJUSTED EBITDA AND FREE CASH FLOW GUIDANCE - SEC FILINGSABRE CORP: CONFLICT IN MIDDLE EAST AND HIGHER...Reuters
Thu, May 7
Zenatech To Enter Australian Market Through Drone As A Service Acquisition Of An Established Land Surveying And Spatial Services Company Serving Government And Infrastructure Clients
May 7 (Reuters) - ZenaTech Inc ZENA.O:ZENATECH TO ENTER AUSTRALIAN MARKET THROUGH DRONE AS A SERVICE ACQUISITION OF AN ESTABLISHED LAND SURVEYING AND SPATIAL SERVICES COMPANY SERVING GOVERNMENT AND INFRASTRUCTURE CLIENTSZENATECH INC - SIGNS AGREEMENT TO BUY AUSTRALIAN LAND SURVEYING AND SPATIAL SERV...Reuters
Thu, May 7
Netscout Q4 revenue beats estimates on service revenue growth
OverviewUS network observability firm's Q4 revenue rose and beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 1 mln shares for $29 mln in Q4OutlookNetscout expects FY27 revenue between $885 mln and $915 mlnCompany sees FY27 GAAP EPS of $1.55 to $1.70; non-...Reuters
Thu, May 7
ImmunityBio Q1 net loss widens
OverviewU.S. biotechnology firm's Q1 net product revenue rose 168% yr/yr to $44 mlnCompany ended Q1 with $381 mln in cash and marketable securities, up from Q4Q1 net loss widened, mainly due to non-cash liability changes and higher costsOutlookCompany anticipates additional commercial launches o...Reuters
Thu, May 7
Griffon Q2 revenue falls 1% but beats analyst estimates
OverviewUS building products maker's fiscal Q2 revenue fell 1% yr/yr, but beat analyst expectationsAdjusted EBITDA for fiscal Q2 beat analyst expectationsCompany repurchased $32.9 mln in shares during the quarterOutlookGriffon expects fiscal 2026 revenue from continuing operations of $1.8 blnCom...Reuters
Thu, May 7
MACOM Technology Q2 revenue rises 22.5% beats estimates
OverviewUS semiconductor supplier's fiscal Q2 revenue rose 22.5% yr/yr, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany expects strong revenue growth and profitability in fiscal second halfOutlookMACOM expects fiscal Q3 revenue between $331 mln and $339 ml...Reuters
Thu, May 7
MasterCraft Boat Q3 sales beat, helped by higher prices
OverviewU.S. recreational powerboat maker's fiscal Q3 sales rose 3%, beating analyst expectationsAdjusted EPS and adjusted net income for Q3 beat analyst expectationsCompany expects to complete Marine Products merger after May 12 shareholder voteOutlookCompany expects full-year fiscal 2026 net s...Reuters
Thu, May 7
Collegium Pharmaceutical Q1 revenue rises 9%, beats estimates
OverviewU.S. biopharma firm's Q1 revenue rose 9% yr/yr, beating analyst expectationsAdjusted EPS for Q1 rose to $1.76 from $1.49 a year earlierCompany reaffirmed full-year 2026 guidance and is on track to acquire AZSTARYSOutlookCompany reaffirms 2026 product revenues guidance of $805-$825 mlnCom...Reuters
Thu, May 7
Morning News Call - Canada, May 7
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSMay-...Reuters
Thu, May 7
Holiday Inn owner IHG beats revenue view as US, China growth offset Middle East declines
CEO expects other markets to offset Middle East weaknessU.S. and Greater China report robust room revenue growthShares hit record highBy Raechel Thankam Job May 7 (Reuters) - InterContinental Hotels Group IHG.L topped quarterly room revenue estimates on Thursday as its U.S. business rebounded and...Reuters
Thu, May 7
Vera Therapeutics Q1 net loss widens
OverviewU.S. biotech firm's Q1 net loss widenedOperating expenses more than doubled yr/yr as company prepares for potential drug launchResult DriversPRE-COMMERCIAL SPENDING - Operating expenses rose sharply due to investments in sales, marketing, market access, compliance, and commercial operati...Reuters
Thu, May 7
Kelly Services Q1 revenue falls on lower government, commercial demand
OverviewUS talent solutions provider's Q1 revenue fell 10.7% yr/yr; underlying revenue down 3.3%Adjusted EPS for Q1 missed analyst expectationsCompany attributes revenue decline to lower demand from government and large commercial customersOutlookKelly expects Q2 revenue to decline 7% to 9% year...Reuters
Thu, May 7
Arko Q1 net loss narrows on higher fuel margins
OverviewUS convenience store and fuel wholesaler's Q1 adjusted EBITDA rose 65% yr/yrNet loss narrowed to $5.6 mln from $12.7 mln a year agoCompany completed APC IPO, applied proceeds to reduce debt and accelerate dealer conversionsOutlookArko maintains full-year 2026 Adjusted EBITDA guidance of ...Reuters
Thu, May 7
Cars.com's Q1 revenue rises 1%, swings to profit
OverviewUS auto marketplace's Q1 revenue rose 1% yr/yr, slightly missing analyst expectationsNet income turned positive from a loss last year, helped by lower depreciation and amortizationCompany raised 2026 share repurchase target to $90 mln, up 50% from prior targetOutlookCompany expects Q2 re...Reuters
Thu, May 7
Inspired Entertainment Q1 revenue falls on business divestitures
OverviewUS B2B gaming technology firm's Q1 revenue fell 5% yr/yr after business divestituresAdjusted EBITDA rose 29% yr/yr, driven by higher-margin Interactive segment growthCompany repaid $13.3 mln in debt and repurchased $2.6 mln in shares during Q1OutlookInspired Entertainment reaffirms 2026 ...Reuters
Thu, May 7
Denmark's Evaxion Q1 net loss widens
OverviewDenmark vaccine developer reported Q1 net loss widened yr/yrQ1 net loss increased due to lower financial income from derivative remeasurementCompany maintains cash runway to fund operations into second half of 2027OutlookCompany maintains cash runway to fund operations into second half of 20...Reuters
Thu, May 7
CORRECTED-Turning Point Brands Q1 sales rise 17%, beat estimates
OverviewU.S. tobacco alternatives maker's Q1 sales rose 17%, beating analyst expectationsAdjusted diluted EPS for Q1 fell to $0.76 from $0.91 last yearCompany raised full-year Modern Oral sales guidance and introduced EBITDA guidanceOutlookTurning Point Brands raises FY 2026 Modern Oral Gross Sa...Reuters
Thu, May 7
Ingles Markets Q2 sales fall 1.8% but profit rises
OverviewU.S. grocer's fiscal Q2 net sales fell 1.8% yr/yr, while net income and basic EPS roseGross profit margin improved to 24.9% from 23.4% yr/yrOperating and administrative expenses remained flat compared to prior yearOutlookCompany did not provide specific guidance for the current quarter o...Reuters
Thu, May 7
Payoneer Global Q1 revenue beats analyst estimates, raises guidance
OverviewUS cross-border payments firm's Q1 revenue rose 6%, beating analyst expectationsAdjusted EPS for Q1 was $0.06; no analyst consensus providedCompany repurchased $74 mln in shares during the quarterOutlookPayoneer raises 2026 revenue guidance to $1.1 bln-$1.14 blnCompany expects 2026 adjus...Reuters
Thu, May 7
Lexicon Pharmaceuticals Q1 net loss narrows
OverviewUS biopharma firm's Q1 total revenue surged on milestone payments, while product revenue declined yr/yrNet loss narrowed sharply from prior year, reflecting lower R&D and SG&A expensesCompany bolstered cash position with capital raise and $100 mln loan facilityResult DriversMILES...Reuters
Thu, May 7
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